diff --git a/README.md b/README.md
index 418932a4..63824a02 100644
--- a/README.md
+++ b/README.md
@@ -31,7 +31,7 @@ Although most dependencies can be found in the windows-dependencies directory, w
 
 #### Dependencies packaged in windows installers
 
-* [Python,](http://python.org) version 2.7.15  
+* [Python,](http://python.org) version 2.7.16  
 If you want to build both x86 and x64 binaries, you can install python x86 to C:\python27 and python x64 to C:\python27x64, for example.
 * [PyEnchant,](http://pythonhosted.org/pyenchant/) version 1.6.6.  
 x64 version has been built by TWBlue developers, so you only will find it in windows-dependencies folder
@@ -76,13 +76,13 @@ This dependency has been built using pure basic 4.61. Its source can be found at
 
 #### Dependencies required to build the installer
 
-* [NSIS,](http://nsis.sourceforge.net/) version 3.03
+* [NSIS,](http://nsis.sourceforge.net/) version 3.04
 
 #### Dependencies required to build the portableApps.com format archive
 
 * [NSIS Portable,](http://portableapps.com/apps/development/nsis_portable) version 3.03
 * [PortableApps.com Launcher,](http://portableapps.com/apps/development/portableapps.com_launcher) version 2.2.1
-* [PortableApps.com Installer,](http://portableapps.com/apps/development/portableapps.com_installer) version 3.5.8
+* [PortableApps.com Installer,](http://portableapps.com/apps/development/portableapps.com_installer) version 3.5.11
 
 Important! Install these 3 apps into the same folder, otherwise you won't be able to build the pa.c version. For example: D:\portableApps\NSISPortable, D:\PortableApps\PortableApps.com installer, ...
 
diff --git a/windows-dependencies b/windows-dependencies
index dc70dde7..b1b32516 160000
--- a/windows-dependencies
+++ b/windows-dependencies
@@ -1 +1 @@
-Subproject commit dc70dde77ef8e0999f4ae6e32f43e7e67d07e2f5
+Subproject commit b1b32516e8b8616850a65503ae91ae96e0b2cf08